In the month of Nov Pharoah company inc wrote checks in the amount of$10310. In dec checks in the amount of $ 11785 were written. In Nov $8580 of these checks were presented to the bank for payment, and $10770 in dec What is the amount of outstanding checks at the end of Nov and at the end of Dec.

the amount of outstanding checks at the end of Nov and at the end of Dec is $1,730 and $1,015 respectively

Step-by-step explanation:

The computation of the amount of outstanding checks at the closing of Nov and dec is as follows

Particulars             November        December

Written checks     $10,310              $11,785

Less:

Presented checks  -$8,580            -$10,770

Outsanding checks $1,730              $1,015

Hence, the amount of outstanding checks at the end of Nov and at the end of Dec is $1,730 and $1,015 respectively

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step-by-step explanation:

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